Suzhou Selling General Administrative vs Non Current Assets Total Analysis

603928 Stock   9.35  0.17  1.85%   
Suzhou Xingye financial indicator trend analysis is much more than just breaking down Suzhou Xingye Material prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Xingye Material is a good investment. Please check the relationship between Suzhou Xingye Selling General Administrative and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Xingye Material. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Selling General Administrative vs Non Current Assets Total

Selling General Administrative vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Xingye Material Selling General Administrative account and Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Suzhou Xingye's Selling General Administrative and Non Current Assets Total is -0.67. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Suzhou Xingye Material, assuming nothing else is changed. The correlation between historical values of Suzhou Xingye's Selling General Administrative and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Suzhou Xingye Material are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Selling General Administrative i.e., Suzhou Xingye's Selling General Administrative and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Selling General Administrative

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Suzhou Xingye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Xingye Material current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Xingye Material. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 61.1 M. The current year's Tax Provision is expected to grow to about 15.5 M
 2021 2022 2023 2024 (projected)
Operating Income153.4M140.0M102.9M137.7M
Total Revenue2.0B1.8B1.5B1.3B

Suzhou Xingye fundamental ratios Correlations

-0.760.690.99-0.540.950.83-0.050.80.90.870.320.680.310.930.960.980.580.9-0.080.420.730.51-0.650.83-0.13
-0.76-0.46-0.770.61-0.64-0.47-0.26-0.68-0.57-0.55-0.24-0.46-0.49-0.85-0.71-0.8-0.46-0.73-0.06-0.4-0.45-0.560.62-0.670.28
0.69-0.460.56-0.050.50.56-0.160.470.640.650.281.00.120.480.580.60.580.640.140.710.760.47-0.350.72-0.05
0.99-0.770.56-0.60.970.82-0.020.810.890.850.30.550.330.950.960.980.530.88-0.120.320.660.48-0.670.78-0.14
-0.540.61-0.05-0.6-0.62-0.30.01-0.43-0.38-0.470.12-0.05-0.75-0.61-0.55-0.64-0.56-0.650.3-0.09-0.4-0.520.64-0.66-0.11
0.95-0.640.50.97-0.620.84-0.180.790.890.850.310.490.310.880.960.950.520.89-0.150.210.640.42-0.680.77-0.1
0.83-0.470.560.82-0.30.84-0.210.740.940.830.50.560.10.720.760.770.410.670.040.270.680.12-0.510.56-0.06
-0.05-0.26-0.16-0.020.01-0.18-0.21-0.01-0.27-0.27-0.12-0.160.010.16-0.18-0.03-0.07-0.270.08-0.07-0.21-0.010.2-0.210.02
0.8-0.680.470.81-0.430.790.74-0.010.780.570.730.460.270.790.830.780.310.790.430.20.360.32-0.730.57-0.56
0.9-0.570.640.89-0.380.890.94-0.270.780.830.470.630.190.790.870.850.480.810.020.390.690.27-0.670.69-0.18
0.87-0.550.650.85-0.470.850.83-0.270.570.830.110.640.330.780.80.860.580.76-0.320.360.780.47-0.490.740.1
0.32-0.240.280.30.120.310.5-0.120.730.470.110.27-0.180.260.40.24-0.190.350.8-0.07-0.07-0.24-0.450.04-0.73
0.68-0.461.00.55-0.050.490.56-0.160.460.630.640.270.120.470.570.590.580.640.140.720.760.47-0.350.72-0.04
0.31-0.490.120.33-0.750.310.10.010.270.190.33-0.180.120.470.310.460.720.52-0.180.110.30.75-0.650.560.04
0.93-0.850.480.95-0.610.880.720.160.790.790.780.260.470.470.890.960.520.83-0.110.230.530.55-0.690.7-0.22
0.96-0.710.580.96-0.550.960.76-0.180.830.870.80.40.570.310.890.950.470.94-0.030.250.560.49-0.750.79-0.29
0.98-0.80.60.98-0.640.950.77-0.030.780.850.860.240.590.460.960.950.630.92-0.150.330.680.59-0.720.84-0.12
0.58-0.460.580.53-0.560.520.41-0.070.310.480.58-0.190.580.720.520.470.630.65-0.220.540.810.78-0.520.850.35
0.9-0.730.640.88-0.650.890.67-0.270.790.810.760.350.640.520.830.940.920.650.020.350.630.64-0.850.9-0.25
-0.08-0.060.14-0.120.3-0.150.040.080.430.02-0.320.80.14-0.18-0.11-0.03-0.15-0.220.020.05-0.27-0.18-0.16-0.14-0.69
0.42-0.40.710.32-0.090.210.27-0.070.20.390.36-0.070.720.110.230.250.330.540.350.050.710.47-0.080.60.11
0.73-0.450.760.66-0.40.640.68-0.210.360.690.78-0.070.760.30.530.560.680.810.63-0.270.710.49-0.30.830.43
0.51-0.560.470.48-0.520.420.12-0.010.320.270.47-0.240.470.750.550.490.590.780.64-0.180.470.49-0.480.76-0.02
-0.650.62-0.35-0.670.64-0.68-0.510.2-0.73-0.67-0.49-0.45-0.35-0.65-0.69-0.75-0.72-0.52-0.85-0.16-0.08-0.3-0.48-0.650.43
0.83-0.670.720.78-0.660.770.56-0.210.570.690.740.040.720.560.70.790.840.850.9-0.140.60.830.76-0.650.09
-0.130.28-0.05-0.14-0.11-0.1-0.060.02-0.56-0.180.1-0.73-0.040.04-0.22-0.29-0.120.35-0.25-0.690.110.43-0.020.430.09
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Suzhou Xingye Account Relationship Matchups

Suzhou Xingye fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.6B1.9B2.0B1.8B1.4B
Other Current Liab7.1M3.2M14.0M164.3K143.6K136.5K
Total Current Liabilities202.2M224.6M350.3M499.0M294.2M268.8M
Total Stockholder Equity1.3B1.4B1.5B1.5B1.5B1.1B
Other Liab17.5M16.0M14.8M16.6M14.9M13.6M
Retained Earnings570.3M649.8M749.2M564.7M640.6M415.8M
Accounts Payable164.8M189.2M307.2M197.4M154.4M175.1M
Cash11.8M8.7M25.2M50.4M104.4M65.4M
Other Assets21.7M12.4M13.5M12.9M14.8M11.4M
Net Receivables670.8M551.5M770.7M684.6M574.4M586.8M
Inventory70.2M84.0M93.2M88.2M88.2M76.1M
Other Current Assets27.0M32.1M30.7M1.2M279.8K265.8K
Total Liab218.2M239.4M366.9M523.9M310.4M288.1M
Intangible Assets53.9M52.6M51.3M49.9M214.4M225.2M
Property Plant Equipment435.0M478.1M474.2M461.1M530.3M267.9M
Net Tangible Assets1.2B1.3B1.3B1.5B1.7B1.2B
Other Stockholder Equity4.0M672.3K565.9K23.8M27.4M28.7M
Non Current Assets Total596.3M591.8M603.0M668.8M763.9M606.7M
Non Currrent Assets Other2.5M3.0M2.6M4.1M2.9M3.3M
Non Current Liabilities Total16.0M14.8M16.6M25.0M16.2M19.3M
Total Current Assets942.8M1.0B1.3B1.3B1.1B1.2B
Net Invested Capital1.3B1.4B1.5B1.8B1.6B1.6B
Net Working Capital740.6M823.3M936.5M846.4M780.7M879.9M

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Other Information on Investing in Suzhou Stock

Balance Sheet is a snapshot of the financial position of Suzhou Xingye Material at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Xingye Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Xingye and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Suzhou currently owns. An asset can also be divided into two categories, current and non-current.